Vietnamese shares gave up on a four-day rally on Thursday as large-cap companies were hit by profit taking while regional markets declined on Fed meeting.
Share cut early gains on Thursday with the market experiencing strong volatility with big variation in large-caps' prices.
The VN-Index snapped a five-trading day gaining streak on Friday as many investors decided to cash in on stocks which had rallied substantially in recent days.
While corporate earnings reporting no longer has an impact on overall market sentiment, all eyes will be on new developments of the second wave of coronavirus in Việt Nam.
Vietnamese shares posted the second biggest gain in the last month following the Government’s intention to block the spread of coronavirus across the country.